3905 5th Ave Brooklyn, NY 11232
Sunset Park NeighborhoodEstimated payment $14,092/month
Highlights
- Wood Flooring
- Baseboard Heating
- Back Yard
About This Home
Introducing a rare investment opportunity in bustling Sunset Park – a well-maintained mixed-use brick building featuring two spacious residential units over a high-income-producing commercial space. This property offers the perfect blend of stability, location, and long-term upside. The top-floor apartment boasts 3 bedrooms, while the second-floor unit offers 2 bedrooms – both in excellent condition with generously sized rooms, ample closet space, and abundant natural sunlight pouring in through oversized windows. Each unit has been meticulously maintained, making this an ideal option for owner-users or investors. The ground floor features a fully leased commercial unit currently occupied by a thriving pizzeria, generating strong monthly rental income of $7,200. The commercial tenant also covers 75% of the water bill, offering additional relief to the building owner. A brand-new roof adds even more value and peace of mind for years to come. Ideally situated near 5th Avenue, you’ll find an array of local favorites including grocery stores, cafes, bakeries, and banks. Just minutes to Industry City, Costco, and Sunset Park’s famed waterfront. The property is close to the D, N, and R trains, ensuring an easy commute to Manhattan and Brooklyn’s major hubs. Nearby schools, parks, and community centers make this a strong draw for both families and professionals. Whether you’re looking to live, invest, or both – this is the kind of versatile asset that checks all the boxes.
Property Details
Property Type
- Other
Est. Annual Taxes
- $30,597
Year Built
- Built in 1919
Lot Details
- 1,925 Sq Ft Lot
- Lot Dimensions are 100 x 19
- Back Yard
- Property is zoned M1-2
Home Design
- 3,703 Sq Ft Home
- Mixed Use
- Flat Roof Shape
- Brick Exterior Construction
- Poured Concrete
Flooring
- Wood
- Tile
Basement
- Basement Fills Entire Space Under The House
- Basement Cellar
Utilities
- Baseboard Heating
- Heating System Uses Gas
- 220 Volts
- 110 Volts
- Gas Water Heater
Listing and Financial Details
- Tax Block 913
Community Details
Overview
- 2 Units
Building Details
- Fuel Expense $4,800
- Insurance Expense $2,500
- Utility Expense $4,560
- Gross Income $76,800
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $30,934 | $295,200 | $95,850 | $199,350 |
| 2024 | $30,934 | $303,300 | $95,850 | $207,450 |
| 2023 | $31,283 | $293,850 | $95,850 | $198,000 |
| 2022 | $14,906 | $277,200 | $95,850 | $181,350 |
| 2021 | $26,949 | $252,000 | $95,850 | $156,150 |
| 2020 | $16,514 | $333,900 | $95,850 | $238,050 |
| 2019 | $25,533 | $325,350 | $95,850 | $229,500 |
| 2018 | $19,903 | $328,500 | $95,850 | $232,650 |
| 2017 | $12,886 | $281,700 | $95,850 | $185,850 |
| 2016 | $7,557 | $252,450 | $95,850 | $156,600 |
| 2015 | $3,154 | $26,224 | $9,974 | $16,250 |
| 2014 | $3,154 | $24,740 | $11,284 | $13,456 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/03/2025 11/03/25 | For Sale | $2,175,000 | 0.0% | $587 / Sq Ft |
| 10/31/2025 10/31/25 | Off Market | $2,175,000 | -- | -- |
| 09/01/2025 09/01/25 | Price Changed | $2,175,000 | -1.1% | $587 / Sq Ft |
| 07/26/2025 07/26/25 | For Sale | $2,200,000 | -- | $594 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $600,000 | -- | |
| Deed | $600,000 | -- | |
| Interfamily Deed Transfer | -- | Fidelity National Title Ins | |
| Interfamily Deed Transfer | -- | Fidelity National Title Ins |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $450,000 | Commercial | |
| Closed | $450,000 | Commercial |
Source: Brooklyn Board of REALTORS®
MLS Number: 494479
APN: 00913-0008
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